Kohsoku (TSE:7504) Is Increasing Its Dividend To ¥58.00
Kohsoku Corporation (TSE:7504) has announced an increase in its dividend to ¥58.00, up from last year's payment. Despite this rise, the dividend yield remains low at 1.9%. The company's stock price has surged by 41% in the last three months, impacting the yield. While Kohsoku has a solid history of stable dividends, concerns arise from negative free cash flows. Analysts estimate a payout ratio of 46% and a potential EPS growth of 9.6% over the next year, indicating cautious optimism for dividend sustainability.
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